Semiconductor stocks have been in impressive form on the market over the past three years, as the demand for chips used for training and deploying artificial intelligence (AI) models in data centers has shot up remarkably during this period.

Nicole Kornitzer manages the Buffalo International Fund. She expects these companies to make their corporate clients more effective and efficient as they implement AI.

As the AI gold rush continues, investors are wondering if Nvidia is truly the only chip maker worth betting on. TheStreet Pro's Bob Lang reveals there's more to the semiconductor story, highlighting alternative players positioning themselves to capitalize on the AI revolution.

Two high-flying artificial intelligence (AI) stocks that have been front of mind for investors recently are IonQ (NYSE: IONQ) and Nvidia (NASDAQ: NVDA). Semiconductor company Nvidia has soared 53% over the past year as companies have clamored for its processors amid rising AI demand.